Which of the Following Are Incorrect

question 98

Multiple Choice

Which of the following are incorrect?

• A) On completion of a trade each stock broker will send a contract note to the buyer and settle.
• B) Overlapping bids and offers for shares are executed at each price level in the order they are recorded in the system.
• C) ASX Trade provides a fair, efficient trading system, developing latency down to the 1 second.
• D) Shares listed on the ASX are known as uncertified securities.

---

Definitions:

Jefferson Davis

The President of the Confederate States of America during the American Civil War, from 1861 to 1865.

Confederate Cause

The ideologies, efforts, and motivations behind the Southern states' secession from the United States to form the Confederacy, primarily in defense of states' rights and the preservation of slavery.

Constitutional Liberty

Refers to the freedoms and rights that are guaranteed under a country's constitution, protecting the individual from government overreach.

Treasury Department

A cabinet-level department of the federal government responsible for managing government revenue, producing currency, and implementing monetary policy.